tag:blogger.com,1999:blog-5636530534930441097.post7707586533114129833..comments2021-03-03T09:20:13.968-08:00Comments on craigslist criticism: (ownership of craigslist) Craig's story blows up...D.http://www.blogger.com/profile/13882300480936009844noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-5636530534930441097.post-38968212491388105672008-04-23T16:30:00.000-07:002008-04-23T16:30:00.000-07:00thanks! I sort of answered in a new entry... D.htt...thanks! I sort of answered in a new entry... D.<BR/><BR/>http://craigslistcriticism.blogspot.com/2008/04/ebay-and-craigslist-some-of-jims.htmlD.https://www.blogger.com/profile/13882300480936009844noreply@blogger.comtag:blogger.com,1999:blog-5636530534930441097.post-17492342818857271512008-04-23T14:46:00.000-07:002008-04-23T14:46:00.000-07:00Of course CL would argue the dilution was fair. I...Of course CL would argue the dilution was fair. If they didn't they would be admitting commiting a criminal offence. But as you say, its up for the court to decide now. <BR/><BR/>I have a feeling eBay would not have filed a lawsuit unless it had a very strong case. They have enough PR issues as it is and this adds even more work to their overworked litigation team.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5636530534930441097.post-75425852720181038712008-04-23T08:23:00.000-07:002008-04-23T08:23:00.000-07:00Hi Anonymous! thanks! answered in the body of the ...Hi Anonymous! thanks! answered in the body of the entry D.D.https://www.blogger.com/profile/13882300480936009844noreply@blogger.comtag:blogger.com,1999:blog-5636530534930441097.post-42481191764523989342008-04-23T00:36:00.000-07:002008-04-23T00:36:00.000-07:00From eBay press release."In 2004, after negotiatin...From eBay press release.<BR/><BR/>"In 2004, after negotiating the transaction with craigslist's board, eBay acquired a minority ownership interest in craigslist of 28.4 percent."<BR/><BR/>That is the pre-dilution amount. Then eBay state Newmark "diluted eBay's economic interest in craigslist by more than 10 percent"<BR/><BR/>If we assume exactly 10%, then eBay holds 25.6% today.<BR/><BR/>The 25% number Newmark has been claiming everywhere for months already assumed this dilution although I imagine the formal steps to complete the dilution were only completed in January.Anonymousnoreply@blogger.com